Word: statistically
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...hopes to make Brazil back down by painting its defiant stance as reckless international populism. That may be the only way left to salvage the ftaa, a pact the U.S. has long coveted as a guarantee against Latin America (today the U.S.'s second-largest export market) reverting to statist protectionism. But Lula looks unlikely to blink and is "definitely prepared to walk away" from an ftaa, says Michael Connolly, an international-trade expert at the University of Miami. Brazil's $500 billion economy is South America's largest and among the world's top 15. It has always cared...
...only consolation for Manhattan Minerals is that it has a lot of company these days in Peru--where U.S., Canadian and other foreign firms are suddenly mining a mother lode of resentment. In the 1990s, when then bankrupt Peru opened its statist economy to foreign investment, the nation drew almost $10 billion in mining capital. That sector now accounts for half of Peru's $8 billion in exports, and Peru has become the world's seventh largest gold producer almost overnight...
...drug prescription plans and the like, trying to beat a policy wonk at policy wonking, Bush should be sketching, with strong, simple, repetitive clarity, the principles that he stands for, as opposed to those Gore represents. Gore is vulnerable as a throwback liberal, a big- government, all-daddy statist whose big rock candy mountain mentality assumes that the lemonade springs and the bluebird sings, and little need be done to encourage capital investment. The long prosperity has produced a certain heedlessness about the economic facts of life...
...tech industrial policy, seems the least likely candidate. He has no political base, nor can he necessarily count on the long-term backing of the powerful military. Economists and stock analysts around Asia question Habibie's ability to bring sensible change to Indonesia's choking economy--his big-spending statist policies are anathema to the International Monetary Fund--and politicians forecast continuing turmoil as secular and religious groups compete for influence now that Suharto's strong restraining hand has been lifted...
...Victor Hugo put it, nothing is so powerful as "an idea whose time has come." And by the mid-'70s enough Tories were fed up with Heath and "the Ratchet Effect"--the way in which each statist advance was accepted by the Conservatives and then became a platform for a further statist advance...